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Re: Trying to place two sets of orders


 

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You would have simultaneous buy & sell open orders on the same option contract. That's not allowed. Not an IBKR limitation, but a limitation of US option markets where only market makers can have simultaneous buy & sell orders open on the same option contract.
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Since both your orders are at same entry price, you can just have 1 open order for the total qty, and then have 2 different close orders, each with its qty, profit & stop loss targets, and then just link them together in an OCA group so you get the overfill protection.

rgds, Bart
On May 5, 2025 at 2:19?PM -0700, nesbitcrab via groups.io <nesbitcrab@...>, wrote:

Okay done more research. Looks like IB does not allow such groups of orders on options!

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